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Another renewable fuel plant closes as Iowa leaders wait for White House biofuels fix


Des Moines Register: An Iowa biodiesel plant announced Tuesday it’s shutting down as Gov. Kim Reynolds warned that federal waivers exempting oil companies from using renewable fuels are hurting the state’s rural economy. Roy Strom, CEO of W2 Fuel, said he is closing the company’s 10 million-gallon biodiesel plant in Crawfordsville in southeast Iowa, along with a plant in Michigan, given growing losses. W2 Fuel is laying off 50 workers altogether, including 16 in Iowa.

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